Winners And Losers Of Q3: Opendoor (NASDAQ:OPEN) Vs The Rest Of The Real Estate Services Stocks [Yahoo! Finance]
Opendoor Technologies Inc (OPEN)
Company Research
Source: Yahoo! Finance
Technology has been a double-edged sword in real estate services. On the one hand, internet listings are effective at disseminating information far and wide, casting a wide net for buyers and sellers to increase the chances of transactions. On the other hand, digitization in the real estate market could potentially disintermediate key players like agents who use information asymmetries to their advantage. The 14 real estate services stocks we track reported a satisfactory Q3. As a group, revenues beat analysts' consensus estimates by 1.6% while next quarter's revenue guidance was 7.8% below. In light of this news, share prices of the companies have held steady. On average, they are relatively unchanged since the latest earnings results. Founded by real estate guru Eric Wu, Opendoor (NASDAQ:OPEN) offers a technology-driven, convenient, and streamlined process to buy and sell homes. Opendoor reported revenues of $1.38 billion, up 40.5% year on year. This print exceeded analysts
Show less
Read more
Impact Snapshot
Event Time:
OPEN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
OPEN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
OPEN alerts
High impacting Opendoor Technologies Inc news events
Weekly update
A roundup of the hottest topics
OPEN
News
- First-time homebuyer statistics: Our 2024 report [USA TODAY]USA TODAY
- General Catalyst and Khosla Ventures back data mapping startup Lume [TechCrunch]TechCrunch
- Opendoor Technologies Inc (OPEN) Q3 2024 Earnings Call Highlights: Surpassing Revenue ... [Yahoo! Finance]Yahoo! Finance
- Opendoor (NASDAQ:OPEN) Beats Q3 Sales Targets But Quarterly Guidance Underwhelms [Yahoo! Finance]Yahoo! Finance
- Opendoor Announces Third Quarter of 2024 Financial ResultsGlobeNewswire
OPEN
Earnings
- 11/7/24 - Beat
OPEN
Sec Filings
- 11/21/24 - Form 4
- 11/18/24 - Form 144
- 11/12/24 - Form 3
- OPEN's page on the SEC website